Topical Pain Relief Market Size & Share, by Therapeutic Class (Non-Opioids and Opioids); Type (Prescription and Over-the-Counter); Formulation (Cream & Rubs, Patch, Spray, Gel) and By Distribution Channel (Online and Offline) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 2473
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Topical Pain Relief Market size was over USD 10.52 billion in 2023 and is projected to reach USD 20.59 billion by 2036, witnessing around 5.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of topical pain relief is assessed at USD 10.97 billion.


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Topical Pain Relief Sector: Growth Drivers and Challenges

Growth Indicators

As per the statistics of the American College of Rheumatology, osteoarthritis is the most common form of arthritis and it affects around 302 million people worldwide, every year.

Growing incidences of arthritis, particularly osteoarthritis across the world is a primary factor, which is anticipated to propel the market growth over the forecast period. Osteoarthritis is also a leading cause of disability among older adults, wherein the most affected appendicular joints are knees, hips, and joints. According to the Arthritis Foundation, arthritis in tandem with back pain is a leading cause of work disability in the US. It is also the most common cause, which requires rehabilitation and thus has the greatest impact on the healthcare system in the country. On the other hand, rising adoption of analgesics for instant pain relief is another major factor anticipated to drive the market growth over the forthcoming years. Topical pain relievers are available in multiple forms such as gels, ointments, creams, and sprays, which not only have lesser systemic side effects as compared to a similar oral dosage but can also be compounded and individualized in the right concentration as per the specific needs of the consumer. Additionally, the growing popularity of topical as well as transdermal creams and patches among the sportspersons, on account of its numerous advantages has directly impacted its increased adoption. Sports-related soft tissue injuries, such as strains, sprains, and contusions are extremely common. As per the statistics of Sandford Children’s Health, approximately 30 million children and teens in the US participate in some form of sports, wherein more than 3.5 million children experience some sort of physical injury. Such factors are anticipated to drive the growth of the global topical pain relief market.

Challenges

Limited availability of topical pain relievers for neonates and pediatrics, as the use of topical anesthetics and analgesics in children generally requires a proper prescription, along with the concern for severe allergic reactions on the back of excessive and continuous use of topical gels and creams are some of the factors anticipated to impact negatively towards the growth of the global topical pain relief market.

Topical Pain Relief Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

5.3%

Base Year Market Size (2023)

USD 10.52 billion

Forecast Year Market Size (2036)

USD 20.59 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Topical Pain Relief Segmentation

The global topical pain relief market has been segmented on the basis of therapeutic class into opioids and non-opioids. The non-opioids segment is further sub-divided into non-steroidal anti-inflammatory drugs, lidocaine and others. The non-steroidal anti-inflammatory drugs segment with 54.31% share in the year 2036, occupies the largest market of topical pain relievers across the globe. Additionally, the non-steroidal anti-inflammatory drugs segment is anticipated to cross USD 6747.0 million by the end of 2028 by registering a CAGR of 4.21% over the forecast period. Further, the lidocaine segment is estimated to grow with the highest CAGR of 4.49% over the forecast period.

Our in-depth analysis of the global market includes the following segments:

Therapeutic Class

  • Non-Opioids
  • Opioids

Type

  • Prescription
  • Over-the-Counter

Formulation

  • Cream & Rubs
  • Patch
  • Spray
  • Gel
  • Others

Distribution Channel

  • Online
  • Offline

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Topical Pain Relief Industry - Regional Synopsis

The topical pain relief market is segmented by regions into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Among these regions, the market of North America industry is set to hold largest revenue share of 78% by 2036 Growing incidences of arthritis in the region, increasing geriatric population, rising incidences of sport-related injuries, rising consumer awareness for topical pain relief products and growing utilization of topical pain relievers are some of the factors driving the growth of the market in North America. Additionally, the North America topical pain relief market, which held a share of 39.68% in the year 2019, is expected to expand by observing the growth rate of 1.29x over the forecast period, which in turn is estimated to have a positive effect on the demand for topical pain relievers in the long run.

Further, U.K., Germany, Italy and France are some of the prominent countries that are driving the growth of the Europe topical pain relief market, where U.K. accounted for the largest market share of 20.87% in the year 2019. Continuous advancements pertaining to the increased adoption of transdermal patches for chronic disorders, coupled with the increasing R&D investments by few major players are among the major factors expected to propel the growth of the topical pain relief market in Europe. 

Research Nester
Topical-Pain-Relief-Market
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Companies Dominating the Topical Pain Relief Landscape

    • Reckitt Benckiser Group plc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Teikoku Pharma USA, Inc.
    • Topical BioMedics, Inc.
    • Sun Pharmaceutical Industries Ltd.
    • AdvaCare Pharma®,
    • Sanofi,
    • Johnson & Johnson Services, Inc.,
    • Novartis AG, Pfizer Inc.
    • GlaxoSmithKline plc.

Author Credits:  Radhika Pawar


  • Report ID: 2473
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing investments from leading pharmaceutical companies as well as government organizations for R&D activities, increasing elderly population are some of the major factors that are driving the growth of the market.

The market is anticipated to attain a CAGR of 4.31% over the forecast period, i.e. 2021-2028.

The market in Europe is anticipated to provide more business opportunities for growth over the years to come.

The major players in the global topical pain relief market are Reckitt Benckiser Group plc, Teikoku Pharma USA, Inc., Topical BioMedics, Inc., Sun Pharmaceutical Industries Ltd., AdvaCare Pharma®, Sanofi, Johnson & Johnson Services, Inc., Novartis AG,
Topical Pain Relief Market Report Scope
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